China bank: Inflation before growth | Bangkok Post: business

Business > Marketing

China bank: Inflation before growth

- +

China's deputy chief central banker said Sunday his top priority is to control inflation, despite calls by developed economies to ramp up consumer demand and domestic pressure to chase growth. 

Yi Gang, deputy governor of the People's Bank of China, speaks at a seminar at the International Monetary Fund and World Bank Group annual meeting in Tokyo on October 14. Yi said Sunday his top priority is to control inflation, despite calls by developed economies to chase growth.

"The first thing... is (to) control inflation is our number-one job. As a central banker, we have to control inflation," Yi Gang, deputy governor of the People's Bank of China told delegates to the annual meetings of the International Monetary Fund and the World Bank in Tokyo.

This article is older than 60 days, which we reserve for our premium members only.You can subscribe to our premium member subscription, here.

0 people commented about the above

Readers are urged not to submit comments that may cause legal dispute including slanderous, vulgar or violent language, incorrectly spelt names, discuss moderation action, quotes with no source or anything deemed critical of the monarchy. More information in our terms of use.

Please use our forum for more candid, lengthy, conversational and open discussion between one another.

  • Latest
  • Oldest
  • Most replied to
  • Most liked
  • Most disliked

    Click here to view more comments